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A company reported a gross profit percentage of 38% with net sales of $3,040,000. What is the amount of cost of goods sold? Multiple Choice

A company reported a gross profit percentage of 38% with net sales of $3,040,000. What is the amount of cost of goods sold? Multiple Choice O $1,884,800 $3,018,263 $1,155,200 $1,176,938

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